Loading ...Yes, but don’t put the cart before the horse.
First, we get the credit event – stocks fall (a lot) – then we see the idiots at the Fed react.
In the meantime, if there’s a crash in stocks (and bonds?) this fall – which is very possible given the situation – your shares could get cut in half from here.
Be careful as the Fed is going to have a hell of a time easing moving forward with all the supply issues that will plague commodities well into the future.
In fact, if you believe Steve St Angelo – that the oil supply bubble is about to pop – then rates have entered a secular bull market with oil – not that such an outcome will hurt PM’s in the long-term of course.
Gold (and silver?) will return as money in some (if not all) places.
Cheers